Wan's statement comes a few days after SNK Playmore USA, which owns the rights to the NeoGeo, announced that it was terminating the licensing agreement with Tommo immediately. SNK didn't say why it terminated the agreement, but the company announced that it has informed Tommo to "immediately cease any and all manufacturing, distribution, marketing and promotion, and selling of the Licensed Products."

For its part, Tommo representatives said SNK's move flies in the face of their agreement, and the company "fully expects this agreement to be honored by all parties."